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14 Aug 2019

David Corker comments on NCA’s freeze of £100M in foreign bribery probe

The National Crime Agency has confirmed that a Westminster Magistrates Court has frozen over £100 million as part of a foreign bribery probe.

Commenting on this development, Partner David Corker said: “The NCA is taking advantage of the expanded asset freezing powers made available by the Criminal Finances Act 2017.  It is seeking to showcase this recent court win to help establish its credibility in areas previously thought to be the SFO’s remit. In addition, to convince the NCA’s foreign counterparts that even if they cannot prosecute untouchable oligarchs at home, if they have assets here, these can be attacked.”

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